News

This week, 21 Indian startups raised around $100 million, with 4 growth-stage and 13 early-stage deals.

Uppercase raises Rs 20 crore from investors Accel India and Volrado Venture Partners to boost growth.

Drone tech startup Garuda Aerospace has filed draft papers with India's SEBI to raise funds via IPO.

Emami Limited will acquire 73.5% stake in Axiom Ayurveda Pvt Ltd for up to Rs 200 crore, expanding its portfolio.

Fidelity has marked down its Gupshup investment to $3.35M, a steep drop from $16.2M made in 2021.

Nandita Sinha, CEO of Myntra, will step down soon, with Sharon Pais likely to succeed her, per reports.

Pronto has reached 500,000 monthly bookings, with 22,000 daily, driven by a network of 5,000 Pros.

Aquapulse has raised Rs 25 crore in Series A funding to expand its farmer network and technology stack.

Gupshup reported a revenue dip in FY25, with profits down over 50% despite surpassing Rs 2,000 crore in FY24.

Palmonas raised $40 million in Series B funding to expand its retail presence and grow its jewellery brand.